# Urea market likely to remain oversupplied | The Peninsula Qatar

> Analysts at SICO expect the urea market to stay oversupplied in 2017, with new capacity of about 12 million tonnes in 2017-18 outpacing demand growth of about 6 million tonnes. They revised their 2017 urea price assumption up to $250/tonne from $230.

- Date: 2017-02-03 · published 2017-02-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72801-urea-market-likely-to-remain-oversupplied-the-peninsula-qatar
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Excess supply keeps fertilizer prices under pressure, which supports lower nitrogen input costs for farmers, though the revised price forecast suggests some recovery.

## Read by commodity

- UREA: bearish ▼

## Sources

- thepeninsulaqatar.com: https://thepeninsulaqatar.com/article/03/02/2017/Urea-market-likely-to-remain-oversupplied

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.